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Wolverine Bancorp Inc
Wolverine Bancorp, Inc. is a publicly traded company listed on the USA stock exchange under the ticker symbol WBKC.
The company's 52-week low is $11.45 and its 52-week high is $15.15. The company's market capitalization is $239.6 million, and its P/E ratio is 9.38.
Wolverine Bancorp, Inc. is a bank holding company that provides various banking products and services to individuals, businesses, and governmental units in the United States. The company's primary subsidiary, Wolverine Bank, offers checking and savings accounts, time deposits, certificates of deposit, and money market accounts. Additionally, it offers commercial and industrial loans, commercial real estate loans, construction loans, residential real estate loans, and consumer loans.
In terms of earnings, the company's revenue for the quarter ending November 30, 2022, was $15.38 million, with a net income of $3.8 million. Its net interest income was $12.1 million, and its net interest margin was 3.45%.
Wolverine Bancorp, Inc. has seen steady growth in recent years, with an average annual growth rate of 8.8% in revenue over the past five years. The company's earnings have also been steadily increasing, with a five-year average annual growth rate of 9.6% in net income.
The company's return on equity (ROE) is 8.4%, and its return on assets (ROA) is 0.8%. Its efficiency ratio is 64.3%, indicating that for every dollar of assets, the company generates 64.3 cents of revenue.
Insider ownership of Wolverine Bancorp, Inc. is 13.13%, with institutional ownership accounting for 53.72% of the company's shares. Institutional ownership refers to ownership by investment funds, insurance companies, pension funds, etc. The company's largest institutional shareholder is the Vanguard Group, Inc., with an 8.32% stake in the company.
Some analysts have given Wolverine Bancorp, Inc. a "buy" rating, while others have given it a "hold" rating. The company's stock price has been steadily increasing over the past year, and it is currently trading at around $14.20 per share.
In summary, Wolverine Bancorp, Inc. is a bank holding company that offers various banking products and services. It has a strong track record of steady earnings and revenue growth and a solid capital position. However, the company's stock price has been trading sideways in recent months, and some analysts have given it a "hold" rating due to concerns about The company's efficiency ratio and modest growth prospects.